Fight Club: Zero Hedge, Matt Taibbi Knock Out Goldman, CNBC
August 3rd, 2009
Wall Street Cheat Sheet submits:
Over the past month or so, I have been following the Fight Club brawl between Dennis Kneale at media goliath CNBC and Tyler Durden at indie blog Zero Hedge. In Round One, like a shocking incident of spontaneous combustion, Kneale went on a rant calling top indie finance blogs such as Zero Hedge a bunch of idiots who “live in their mothers’ basements.”
In Round Two, Kneale dishonestly represented an invitation to debate Tyler Durden on the air. After Kneale declined Tyler’s renewed invitation to debate in an objective third-party arena, we judged Rounds One and Two in favor of Zero Hedge.
